Bank of England Cuts Interest Rates as British Economy Weakens
The central bank cut rates for the third time in about six months as it said growth had been weaker than expected.
Read more at The New York Times
-
Bank of England halves growth forecast and cuts rates to 4.5%
Revised economic forecasts represent blow to Labour but buoy stock market and giltsFinancial Times - 15m -
Bank of England cuts interest rates to 4.5%
The Bank of England has announced an interest rate cut to 4.5%. CBS News foreign correspondent Ramy Inocencio has more on what that means.CBS News - 1h -
Bank of England cuts interest rates to 4.5% and halves UK growth forecast
Latest quarter-point reduction comes with warning households face inflation of 3.7% by autumn. Unambiguously bleak forecasts pave way for spending cuts What does the rate cut mean for ...The Guardian - 3h -
Bank of England expects to cut borrowing costs further after rate cut today – business live
UK central bank cuts interest rates, and warns growth will be half as fast as expected this year, sending pound sliding. Bank of England cuts interest rates to 4.5% but halves UK growth ...The Guardian - 2h -
Bank of England expected to cut key UK interest rate to 4.50%
The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though inflation remains above its targetABC News - 8h -
Bank of England expected to cut rates again as UK economy stagnates
Quarter-point reduction forecast even as short-term inflation pressures are set to increaseFinancial Times - 3d -
European Central Bank Cuts Interest Rates as Economic Growth Stagnates
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.The New York Times - 6d -
European Central Bank cuts interest rates to support growth as eurozone economy stagnates - as it happened
Live coverage of business, economics and financial news as ECB cuts main interest rate by 0.25 percentage points in effort to support European economies. It was a flash reading on the Eurozone ...The Guardian - Jan. 30 -
UK Budget fallout adds to Bank of England dilemma on interest rates
Employers are cutting jobs and raising prices to offset tax increases, with wages still growing too fast for policymakers’ comfortFinancial Times - Jan. 27 -
UK economy's disappointing November growth fuels the case for Bank of England rate cut
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.CNBC - Jan. 16
More from The New York Times
-
U.S. Trade Deficit Hit Record in 2024 as Imports Surged
A strong dollar helped drive an uptick in U.S. imports last year, while export growth remained modest.The New York Times - 20h -
Tesla’s European Sales Drop in January After Elon Musk Disrupts Politics
The U.S. electric car company’s sales are sliding across Europe, amid what many see as interference in local affairs by Tesla’s chief executive, Elon Musk.The New York Times - 20h -
How Trump Scrapping the De Minimis Rule Could Affect Consumers and Retailers
President Trump scrapped the de minimis rule, a provision that allowed low-cost goods, like clothing from e-commerce sites, to enter the United States without facing taxes.The New York Times - 20h -
USPS Reverses Decision to Halt Parcel Service From China
The reversal reflects the challenge that shipping and delivery companies will face as a result of President Trump’s executive order requiring greater inspection of packages.The New York Times - 18h -
F.C.C. Releases CBS ’60 Minutes’ Interview With Kamala Harris
The complete interview, which is at the center of a lawsuit filed by President Trump, shows that “60 Minutes” aired a concise version of Ms. Harris’s answer on Israel.The New York Times - 17h
More in Business
-
Roblox plummets 16% on disappointing bookings, daily active users miss
Roblox shares plunged more than 16% after falling short of Wall Street's bookings and daily active user estimates.CNBC - 9m -
Bank of England halves growth forecast and cuts rates to 4.5%
Revised economic forecasts represent blow to Labour but buoy stock market and giltsFinancial Times - 15m -
It takes more than tariffs and DeepSeek to keep the stock market down in 2025
A tariff tantrum. DeepSeek’s deep impact. The Philadelphia Eagles’ return to the Super Bowl. Investors have seen plenty to put them on edge so far in 2025.MarketWatch - 20m -
MicroStrategy unveils new name, reports accelerated bitcoin purchases in fourth quarter
The largest corporate holder of bitcoin said it's almost halfway to its $42 billion capital-raising goal after it went on a buying spree last quarter.CNBC - 20m -
Trump Amplifies Conspiracy Over U.S. Payments to Politico
President Trump spread unfounded claims that the government had paid Politico and other news media outlets for positive coverage of Democrats. Records show agencies paid for subscriptions.The New York Times - 22m